Activity #1

FM - 415
Name: Rose Gwenn R. Villanueva
Section:BSMA 4208

Provide three (3) examples of Philippine organizations and institutions for the following:

Commercial bank in the Philippines

1.Bank of Commerce- one of the country’s progressive banks with a universal banking license
from the Bangko Sentral ng Pilipinas (BSP) subject to regulatory requirements, operating since
1963 and traces its origins to the Overseas Bank of Manila with headquarters in Binondo,
Manila. Bank of Commerce became an affiliate of San Miguel Corporation and introduced its
new logo bearing the SMC escudo during 2008. While in December 2020, the Intellectual
Property Office (IPO) granted the copyright license for “BankCom” as the Bank’s official short
name.Bank of Commerce provides innovative banking solutions and a complete range of
products and services in deposit, commercial loans, credit card services, consumer banking,
corporate banking, treasury, asset management, transaction banking, and trust and
investments. In terms of service reach, the Bank has online banking facilities for retail and
corporate clients, BankCom [Personal] and BankCom [Business], respectively, and a new
mobile banking app, to encourage consumers and corporate clients to transact regular banking
services such as bills payment, fund transfers, card loading, and other services via these online
banking platforms. The Bank has a network of 140 branches and 261 automated teller
machines (ATMs) strategically located nationwide.
2.BDO Private Bank, Inc. was a subsidiary of Banco De Oro Unibank, Inc., is the only domestic
bank in the Philippines providing expert and professional private banking services. It is solely
focused on givingcomprehensive wealth management services to the country's high net worth
and modern affluent markets. It falls under the Wealth Management category, was cited on its
broad-based wealth management franchise; an interesting array of investment products; and
strong support to clients in managing their wealth.
3.Philippine Bank of Communications
(PBC) was incorporated on August 23, 1939 and received the authority to engage in commercial
banking from the then Bureau of Banking of the Department of Finance under the Philippine
Commonwealth.At present, the Company offers basic commercial banking services such as
deposit products, credit and loan facilities, trade-related services, treasury and foreign exchange
trading, cash management services, trust and investment management services. Ancillary
services such as safety deposit boxes and manager's checks, demand drafts, acceptance of tax
and SSS payments are also available. These products are both offered to individuals and
corporate clients.

Thrift bank
1. Bank of the Philippine Islands Savings Bank, (BPI) was incorporated on January 4, 1943 as a
domestic commercial bank and went public on October 12, 1971. The Company offers an array
of financial services that include corporate banking, consumer banking, investment banking,
asset management, corporate finance, securities distribution, and insurance services.
2. Philippine Savings Bank, Philippine Savings Bank (PSB) was incorporated on June 30, 1959
to primarily engage in savings and mortgage banking. In 1983, Metropolitan Bank and Trust
Company acquired a majority share in PSB, and in 2004 further increased its shareholdings to
the present level of 88%. In 1991, the Company was authorized to perform trust functions, and
in 1995, was granted quasi-banking license.
3. Rizal Commercial Banking Corporation Savings Bank Rizal Commercial Banking
Corporation (RCB) was originally incorporated on September 23, 1960 under the name Rizal
Development Bank and began operations as a private development bank in the province of
Rizal. The Company was acquired in 1962 by members of the Yuchengco Group of Companies,
a financial services conglomerate with market presence in insurance and other risk
management services. In 1963, RCB received approval from the Bangko Sentral ng Pilipinas to
operate as a commercial bank and began operations under its present name. RCB acquired its
universal banking license in 1989.They offers commercial, corporate and consumer lending
products, cash management products, treasury products, remittance services as well as digital
and mobile services. RCB also enters into forward currency contracts as an accommodation to
its clients and as a means of managing its foreign exchange exposures. RCB and its
subsidiaries are engaged in all aspects of traditional banking, investment banking, retail
financing (auto, mortgage/housing loans, credit cards and microfinance loans), remittance,
leasing, foreign exchange and stock brokering.

Investment bank
1.Asian Focus Group Inc was founded in 2015, AFG is a leading business consultancy firm,
targeted to growing entrepreneurs. AFG specializes in businessmen with a strong idea and
product, but without the required skill set and scalability to properly execute and turn their
dreams into a reality.
2.BPI Capital Corporation BPI is a wholly owned investment banking subsidiary of the Bank of
the Philippine Islands (BPI). It offers a wide range of investment banking services in the areas of
financial advisory, loan syndication, project finance, mergers and acquisitions, private
placement, debt and equity underwriting. It is also engaged in the securities distribution
business.

3.Eastgate Capital Partners, Inc was an investment-banking firm, provides services in

acquisitions, corporate finance, privatization, divestment, private equity placements, and
specialized project finance. Eastgate Capital Partners, Inc. was founded in 1991 and is based in
Makati City, Philippines.

Finance companies
1. Basis Financial Services, Inc is a financing company located in Makati City. We are offering
various types of loans including business loan, corporate salary loan and auto-loan.
2. Diamond Finance Corp is a financing company who serves AFP/BFP/PCG/SSS/GSIS
Pension Loans and PCG Active in service salary loans. We are one of the member of
Association of Lending Investors of the Philippines.
3.Active Alliance Finance Corp. (Active Finance) provides salary and business loans to
individuals and MSME’s. It envisions itself to be a reliable, credible, and efficient source of
financial services in the country. With this in mind, the company continues to pursue globally
excellent standards in providing the best service to suit the needs of its clients.

Exchanges
1.The Philippine Dealing & Exchange Corp. (PDEx) was incorporated in 2003 to provide trading
infrastructure for the fixed-income (FI) market.As a Securities and Exchange Commission
(SEC)-registered FI Securities Market, PDEx operates the organized secondary market for the
trading of FI securities which includes both Government and Corporate Securities.
2.The Philippine Travel Exchange (PHITEX) is the biggest, government-organized travel trade
event in the countryEstablished in 1996, the event hosts qualified buyers from all over the world
to participate in tabletop business appointments with Philippine sellers and experience the
Philippine tourism destinations through pre/post tours with an end-goal of increasing tourist
arrivals in the country.
3.

A brief history of Central Bank.

Central Bank is was created through group of Filipinos had conceptualized a central bank for
the Philippines as early as 1933. It came up with the rudiments of a bill for the establishment of
a central bank for the country after a careful study of the economic provisions of the Hare-
Hawes Cutting bill, the Philippine independence bill approved by the US Congress.During the
Commonwealth period (1935-1941), the discussion about a Philippine central bank that would
promote price stability and economic growth continued. The country’s monetary system then
was administered by the Department of Finance and the National Treasury. The Philippines was
on the exchange standard using the US dollar—which was backed by 100 percent gold reserve
—as the standard currency.

What are Philippine Monetary policies?

Monetary policy refers to the actions undertaken by a central bank, such as the Federal
Reserve, to influence the availability and cost of money and credit to help promote national
economic goals. The Federal Reserve Act of 1913 gave the Federal Reserve responsibility for
setting monetary policy.
The Federal Reserve controls the three tools of monetary policy--open market operations, the
discount rate, and reserve requirements. The Board of Governors of the Federal Reserve
System is responsible for the discount rate and reserve requirements, and the Federal Open
Market Committee is responsible for open market operations.

Sources:https://doingbusinessinthephilippines.com/list-of-banks-in-the-philippines/
https://www.bankcom.com.ph/about-us/#:~:text=Bank%20of%20Commerce%20(BankCom)
%20is,with%20headquarters%20in%20Binondo%2C%20Manila.
https://www.bdo.com.ph/news-articles/bdo-private-bank-wins-another-one-asset#:~:text=BDO
%20Private%20Bank%2C%20a%20subsidiary,worth%20and%20modern%20affluent
%20markets.
https://edge.pse.com.ph/companyInformation/form.do?cmpy_id=208
https://edge.pse.com.ph/companyInformation/form.do?cmpy_id=234
https://edge.pse.com.ph/companyInformation/form.do?cmpy_id=142

https://edge.pse.com.ph/companyInformation/form.do?cmpy_id=232
https://www.wallstreetmojo.com/investment-banking-in-philippines/#:~:text=Top%20Investment
%20Banks%20in%20the%20Philippines,-Here%20is%20the&text=Asian%20Focus%20Group
%20Inc.&text=Eastgate%20Capital%20Partners%2C%20Inc.&text=FSG%20Capital
%20Inc.&text=Mabuhay%20Capital%20Corporation%2C%20Inc
https://sg.linkedin.com/company/asia-focus-group.
https://www.cbinsights.com/investor/bpi-capital-corporation
https://www.aurigininc.com/c/Eastgate-Capital-Partners-Inc/Philippines/y28ah8
https://www.sec.gov.ph/lending-companies-and-financing-companies-2/list-of-financing-
companies/
https://www.workbank.com/company/careers-in-diamond-finance-corporation-2562
https://www.activefinancecorp.com/
https://www.phitex.ph/
https://www.bsp.gov.ph/Pages/History.aspx
https://www.bsp.gov.ph/SitePages/PriceStability/PriceStability.aspx#:~:text=Monetary%20Policy
%20Decisions,-2023%20February%2015&text=The%20Monetary%20Board%20decided
%20to,percent%2C%20effective%2017%20February%202023.